• Listing of the Existing Copper Financial Futures Contract on the CME Globex Trading Platform

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7376
      • Notice Date
      • 02 June 2015
      • Effective Date
      • 14 June 2015
    • Effective Sunday, June 14, 2015 for trade date Monday, June 15, 2015, and pending all relevant regulatory review periods, Commodity Exchange, Inc. (“COMEX” or “Exchange”) will list the existing Copper Financial Futures contract on the CME Globex trading platform.

       

      Contract Title

      Rule Chapter

      Clearing Code

      CME Globex Code

      CME Globex Listing Schedule

      Copper Financial Futures

      1190

      HGS

      HGS

      23 consecutive months

       

       

      This contract will continue to be available for trading on the COMEX trading floor and for clearing through CME ClearPort with an unchanged listing schedule.

       

      The CME Globex trading hours for these contracts will be: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT).

       

      Appendix A: NYMEX Rule 588.H. (blackline format)

      Appendix B: Exchange Fees

       

       

      Questions regarding this notice may be directed to:

       

      Elizabeth Hui                                        +1 212 299 2623                                 Elizabeth.Hui @cmegroup.com

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      Appendix A

       

                  NYMEX Rule 588.H. - Non-Reviewable Range Table

      (additions are underscored)

       

       

      Instrument

      Non-Reviewable Range (NRR) in Globex format

      NRR including Unit of Measure

      NRR Ticks

      Copper Financial Futures

      400

      $.04 per pound

      400

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      Appendix B

       

       

      FEE SCHEDULE

       

       

      Contract Title

      Code

      Copper Financial Futures

      HGS

       

       

      CME Globex

      Member Day Rate

      0.95

      Member Overnight Rate

      0.95

      Cross Division Rate

      1.45

      Non-Member Rate

      1.95

      International Incentive Program (IIP)

      1.45